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Freelance Hourly Rate Calculator

Estimate a billable hourly rate from an annual income goal, business costs and realistic billable hours.

STEP 1

Set your values

Adjust the values, then calculate your result.

How to use Freelance Hourly Rate Calculator

  1. Enter the measurements or amounts in the fields above.
  2. Check that dimensions, rates and units match the labels.
  3. Select “Estimate hourly rate” to see a clear estimate and the formula used.

How the freelance hourly rate calculator works

Estimated rate = (annual income goal + annual business expenses) ÷ (billable hours per week × billable weeks).

Check your measurements and assumptions

This estimate does not calculate personal taxes, benefits, unpaid leave, bad debt or market pricing. Billable capacity is often lower than total working hours; include realistic non-billable time.

Review the estimate before you act

Compare this result with an independent measurement, supplier quote or institution guidance when the decision matters. Confirm that the units and assumptions match the labels above, and update the inputs when the conditions change. Keep a note of the values used so you can reproduce the estimate later. This calculator is a planning aid and does not replace professional, product-specific or local guidance.

How do I calculate a freelance hourly rate?

Add the income you need and business costs, then divide by realistic annual billable hours.

Is input uploaded?

Processing takes place in your browser. This tool does not send your input or selected files to a conversion API.

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